Retail Stores
January 11, 2019 at 1:46 pm
Fort Myers, Fla.-based women's retailer Chico's FAS has announced plans to close at least 250 stores and to expand a review of its operations. In a news release, the company said the strategic initiatives are designed to "build on the company's omnichannel platform" and ensure it has "the agility, customer service and speed needed for long-term success…
January 11, 2019 at 11:54 am
The start of a new year brings with it consumer packaged goods (CPG) industry trends, as well as the continuation of several 2018 developments. With e-commerce, we’ve started to see brands typically available exclusively online, like meal kit services, begin to move selectively into brick-and-mortar spaces or partner with established retailers to grow the reach…
January 11, 2019 at 11:36 am
The continued growth and popularity of online shopping is creating new challenges for brick-and-mortar retailers. However, by making use of the right analytical tools, there's no reason why these stores should feel threatened. Physical stores continue to be a valuable channel for retailers because they offer something online retailers can't: a tactile experience. Even Amazon.com,…
January 11, 2019 at 9:14 am
In this episode of Retail Right Now, Total Retail’s Joe Keenan discusses Amazon’s plan to expand the reach of its Whole Foods stores.
January 10, 2019 at 2:53 pm
J. C. Penney announced on Tuesday that it plans to close three stores by the spring as part of an ongoing evaluation of its performance. The retailer didn't report which stores it planned to close, but said it's currently assessing locations that "may not meet required financial targets or represent a market opportunity to capitalize…
January 9, 2019 at 1:21 pm
A bankruptcy court is giving Sears another chance, offering Chairman Eddie Lampert a deal to buy the company out of bankruptcy, reports CNBC. Lampert's hedge fund ESL Investments has until 4:00 pm on Wed., Jan. 9 to pay a $120 million deposit to save the iconic retailer. Sears Holdings rejected Lampert's original $4.4 billion bid…
January 9, 2019 at 1:11 pm
Total Retail is excited to present to you its 50 Best Retail Tips of 2018! For the past several years, the Total Retail editorial team has spent time in the fourth quarter poring over the work of our expert contributors to identify the 50 very best tips of the year, and 2018 was no exception. We…
January 8, 2019 at 12:27 pm
Sears Holdings has rejected Chairman Eddie Lampert’s bid to save the 126-year-old company, setting the storied retailer with more than 50,000 employees on a path to liquidation, people familiar with the situation told CNBC on Tuesday. Sears, which also owns Kmart, planned to announce its liquidation plans Tuesday morning, the people said. Lampert had put forward…
January 4, 2019 at 12:51 pm
Sears Chairman Eddie Lampert has offered two options to try to keep the company afloat, a $4.4 billion plan that would save 425 locations, and a less-ambitious proposal that would keep at least 250 of the little under 700 stores the retailer had when it filed for bankruptcy in October. The primary bid, made through…
January 2, 2019 at 12:31 pm
Amazon.com has plans to expand Whole Foods stores into more suburbs and other areas across the U.S., according to sources familiar with the plans, reports MarketWatch. The retailer is looking to push more of the grocery chain's stores into new areas where more rural customers can take advantage of its two-hour delivery service. Specific location…
